The soap market in Montenegro has seen fluctuating values from 2013 to 2023, with a notable drop in 2015, likely influenced by economic or market factors. The market stood at 9.4474 million USD in 2023. Over the past two years, the market experienced minimal declining year-on-year variations of -0.14%. The five-year Compound Annual Growth Rate (CAGR) was -1.09%, indicating a slight overall decline over this period.
Future trends to watch for include the impact of sustainability movements on product demand, potential economic changes, or innovations in product offerings that could invigorate growth or further challenge market stability.
| # | 52 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 1,657,200,000 | 2023 | +4.14% | +5.44% | View data |
| 2 | 2 United Kingdom | 1,148,200,000 | 2023 | -0.26% | +0.39% | View data |
| 3 | 3 Germany | 1,113,300,000 | 2023 | +0.59% | -0.38% | View data |
| 4 | 4 France | 1,070,200,000 | 2023 | -0.84% | -1.46% | View data |
| 5 | 5 Canada | 1,029,900,000 | 2023 | -1.1% | -1.46% | View data |
| 48 | 48 Latvia | 15,123,000 | 2023 | -1.7% | -1.2% | View data |
| 49 | 49 Cyprus | 14,961,000 | 2023 | +5.1% | +1.16% | View data |
| 50 | 50 Montenegro | 9,447,400 | 2023 | -0.14% | -1.09% | |
| 51 | 51 Estonia | 7,632,000 | 2023 | -2.43% | -0.14% | View data |
| 52 | 52 Malta | 4,615,700 | 2023 | -1.3% | -1.06% | View data |
